Netflix lays off 150 employees as it grapples with severe subscriber losses
Netflix is laying off around 150 employees which represent 2% of its entire workforce, with the majority of them occurring in the United States.
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Tag: layoffs
US XPress lays off 70 corporate and IT employees after “slower than expect” growth
The truckload carrier, US Xpress laid off around 70 corporate and information technology employees in reaction to slower-than-expected growth in the company’s trucking division.
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US fintech MainStreet lays off 30 percent of employees
MainStreet, a California-based fintech that helps start-ups and small businesses find and claim tax credits and government incentives, has laid off roughly 30% of its workers, claiming “today’s extraordinarily harsh market” as the reason for the layoffs.
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Amazon will close six whole foods stores in four different states
Amazon announced the closing of six Whole Foods Market locations across four states, nearly two months after closing dozens of bookstores and gift shops across the country.
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Robinhood cuts hundreds of jobs as pandemic stock trading flurry slows
Stock-trading app Robinhood intends to lay off 9 percent of its workforce, CEO and co-founder Vlad Tenev said
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